How to Start an Iphone Repair Company

951 WordsNov 22, 20124 Pages
DeviceTrade How to start an iPhone/iPod repair shop. DeviceTrade iPhone/iPod Repair On average 4.5 million iPhone 3G and 3GS’s glass screens break every year. In the past the only options were to take the phone to Apple ($200 to repair), take it to a big repair shop ($80 to repair) or do a mail in repair service and be without a phone for 3-5 days. A new trend of home based iPhone repair businesses are now emerging and becoming extremely successful. The factors that contribute to their success are • • • Local - Within 10 miles of customers Fast - Repairs done in under 15 min Inexpensive - On average charging $40 - $60 How to start a iPhone/iPod repair shop DeviceTrade Start-up After you have decided that you want to…show more content…
The one price point that is universal is Apple who charges $200 to repair a cracked screen. It is not always beneficial to undercut your competition, but in a home based iPhone repair business it is usually pretty reasonable since you are cutting costs on having a storefront. Setting your price is pretty straight forward just remember to account for the replacement parts, labor, advertising, and any other expenses that you incur. The typical profit margin for most repairs is $40 - $60. How to start a iPhone/iPod repair shop DeviceTrade Income Potential Opportunities in the home based iPhone repair business market are growing exponentially. Your income potential depends on how hard you work and marketing your business because if you live in any city or suburb then the market is there! There are dozens of iPhone repair businesses started by United iPhone Repair, some full time and some part time. The part time businesses, people just repairing phones in the evening, are able to bring in on average 3 iPhone repairs per day which equates to $37,500 in revenue per year or $30,000 in profit. While the full time businesses can bring in 5 - 10 phones per day and generate revenues over $100,000 annually. How to start a iPhone/iPod repair
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